Thursday
April 30
2026

Efishery Founder Sentenced to 9 Years in Prison

An Indonesian court has sentenced eFishery founder Gibran Huzaifah to nine years in prison over a fraud scandal that exposed inflated financial reporting and shook Southeast Asia’s startup investment market.

Photo courtesy of Tom Fisk.

Source: TN Global (link opens in a new window)

Categories
Agriculture, Energy, Investing
Tags
agtech, regulations, startups, venture capital